Course Overview:
This comprehensive IFRS Training Course is designed to equip you with the essential skills for Financial Statements Preparation under International Financial Reporting Standards. Whether you're a beginner or looking for IFRS Certification, this course covers everything from IFRS Framework to IFRS Compliance and IFRS Reporting. Learn the Differences between IFRS and GAAP and get hands-on experience in IFRS Accounting Standards. Ideal for those who want a complete IFRS Tutorial.
Target Audience:
- Financial Analysts
- Accountants
- Auditors
- CFOs
- Financial Controllers
Targeted organisational Departments:
- Finance
- Accounting
- Internal Audit
- Compliance
Targeted Industries:
- Banking
- Insurance
- Manufacturing
- Retail
Course Offerings:
By the end of this course, participants will be able to:
- Prepare Financial Statements under IFRS
- Understand IFRS vs GAAP
- Apply IFRS Accounting Standards
- Ensure IFRS Compliance
- Navigate IFRS Reporting
Training Methodology:
This 5-day intensive course uses a blend of lectures, case studies, group work, and interactive sessions. Participants will engage in real-world scenarios that require Financial Statements Preparation under IFRS and IFRS Compliance. Feedback sessions will be conducted to ensure understanding and application of IFRS Accounting Standards.
Course Toolbox:
- IFRS Handbook
- Financial Statements Templates
- IFRS Compliance Checklist
- Online IFRS Tutorial
- Case Studies on IFRS Reporting
Course Agenda:
Day 1: Introductory Principles
- Topic 1: Introduction to the IFRS Framework
- Topic 2: IFRS1: Understanding First-Time Adoption of IFRS
- Topic 3: IAS1: Mastering the Presentation of Financial Statements
- Topic 4: IAS7: Exploring the Statement of Cash Flows
- Topic 5: IAS8: Navigating Accounting Policies and Changes in Accounting Estimates, and Errors
- Reflection & Review: Revisiting the Importance of Introductory Principles in IFRS
Day 2: Group Statements
- Topic 1: IFRS3: Introduction to Business Combinations
- Topic 2: IAS27: Understanding Consolidated and Separate Financial Statements
- Topic 3: IAS28: Exploring Investments in Associates
- Topic 4: IAS31: Delving into Interests in Joint Ventures
- Reflection & Review: Revisiting the Importance of Group Statements in IFRS
Day 3: Statement of Financial Position / Balance Sheet
- Topic 1: IAS16: Exploring Property, Plant, and Equipment
- Topic 2: IAS40 & IAS41: Understanding Investment Property and Agriculture
- Topic 3: IAS38 & IAS17: Navigating Intangible Assets and Leases
- Topic 4: IAS12 & IAS2: Mastering Income Taxes and Inventories
- Topic 5: IAS39 & IFRS9: Financial Instruments: Recognition and Measurement
- Topic 6: IFRS5: Noncurrent Assets Held for Sale and Discontinued Operations
- Topic 7: IFRS6: Exploration for and Evaluation of Mineral Resources
- Topic 8: IAS37: Provisions, Contingent Liabilities, and Contingent Assets
- Topic 9: IAS21: The Effects of Changes in Foreign Exchange Rates
- Reflection & Review: Revisiting the Importance of Balance Sheet Items in IFRS
Day 4: Statement of Comprehensive Income / Income Statement
- Topic 1: IAS18 & IAS11: Understanding Revenue and Construction Contracts
- Topic 2: IAS19 & IAS36: Exploring Employee Benefits and Impairment of Assets
- Topic 3: IAS23: Navigating Borrowing Costs
- Topic 4: IAS20: Accounting for Government Grants and Disclosure of Government Assistance
- Topic 5: IFRS2: Introduction to Share-Based Payment
- Reflection & Review: Revisiting the Importance of Income Statement Items in IFRS
Day 5: Disclosure
- Topic 1: IAS10: Understanding Events After the Reporting Period
- Topic 2: IAS24: Navigating Related-Party Disclosures
- Topic 3: IAS33 & IAS32: Introduction to Earnings Per Share and Financial Instruments Presentation
- Topic 4: IFRS7 & IFRS8: Exploring Financial Instruments Disclosures and Operating Segments
- Topic 5: IAS34: Delving into Interim Reporting
- Topic 6: IAS26: Accounting and Reporting by Retirement Benefit Plans
- Topic 7: IFRS4: Insurance Contracts
- Topic 8: IAS29: Financial Reporting in Hyperinflationary Economies
- Reflection & Review: Summary and Next Steps for Mastering IFRS Disclosures
How This Course is Different from Other IFRS Training Courses:
Unlike other courses, this IFRS Training Course offers a comprehensive guide to IFRS Compliance and Financial Statements Preparation. It's not just an IFRS Tutorial; it's a pathway to IFRS Certification. With real-world case studies and a focus on IFRS Reporting, this course stands out as a complete package for mastering International Financial Reporting Standards.
credits:
5 credit per day
Course Mode: full-time
Provider: Agile Leaders Training Center